If the multiplier is 4 by how much should autonomous
Suppose full employment GDP is at $700 bill worth of GDP and the economy is currently at $400 bill. If the multiplier is 4, by how much should Autonomous Consumption (C0) change to increase the level of Real GDP to reach full employment?
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keynesian theory tells us that there are three approaches government can take to move an economy out of recession-
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suppose full employment gdp is at 700 bill worth of gdp and the economy is currently at 400 bill if the multiplier is 4
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